Member Info for elland

I assume that you asked a simarlar questions Stockdale. To be fair my old nemesis, Stockbuyer has perhaps had a better perception of things than some of us here and me in particular. The key is that we all try and influence the board to be more transparent as I still have this as a buy and would love to be investing here for the first time now. Regards all

Hi Stockdale. I have e. Mailed Mitch and suggested an RNS or statement issued soon to update us all on the latest situation re production and financial update. I also said that the last RNS was too vague and as a result investors are spooked. The big late sells are indicative.

Harsh TFM but I am one of the eternal optimists. Let's hope for us long term holders that you are wrong

Have over 4% here but no RNS. Is this because it maybe their clients nominee acc ? Aberdeen have added 1 mill shares to their holdings since they announced their +3% interest. Despite the problems, no majors selling. AP Angel believe we are now vulnerable to takeover. Let's hope

To add insult to injury Investec yesterday reconfirmed their buy rating at 23p. Well we can dream cant we ! . Stockbuyer, although repetitive, seems to have the inside knowledge, particularly on Morocco. Can we assume that he is based there ? Re the Management situation, I still think that the CEO and CFO need to remain, but does Stockbuyer and his co investors want the see a change of Chairman and will this make difference ? Final thought, at a market cap of under £14m at what stage do the company attract a buyer ?

I am the first to admit that Stockbuyer has proved me wrong on this over the past few months. My apologies to the shareholders on here. I am still optimistic for the long term which will in my case, will be well into retirement. I have a call with SP Angel tomorrow who we have discussed here. GLA

Didn't expect that RNS. Stockdale was correct on the Morrocon Country Manager. Looks like COP will be going to the market for funding in the new year unless someone comes in for Mahdia

I am a glass half full sort of guy Stockdale. I also think the other trades were buys so over a Million bought and no sells. Have a nice weekend all

An excellent trading day so far with plenty of large buys, despite continued oil price falls. Long may it continue

Hope not. Topped up today. I still have faith in the CEO and current business plan. Income from recent acquisition to help cover next yrs cost at POO average 47p. Plenty of potential in Italy and a friend in Shell

Well generally speaking I agree and that's why the Investec rating does not interest me. However to initiate coverage during these turbulent times, as SPA have, is positive. The BOD have been out there talking and did promise more coverage. Since then there has been updates from Peel Hunt and Macquaries plus the investment from Oman. Let's look forward and hope that they are correct

As I have already mentioned, SP Angel have initiated cover with an 18p buy. Recent coverage by Macquarie and Peel Hunt all buys with now an average of over 16p between the 3 of them. I do not include Investec at 23p because they are the "House Brokers". Malcy Wood also a big fan. He also tipped Pantheon at 20p and here we are less than a year later and they are trading at 140p. I have topped up again today at 3.5p

In the meantime SP Angel have initiated cover on COP with a buy recommendation at 18p

Although still bullish about the fundamentals here, I was very disappointed with today's sells which look co ordinated with someone reducing their holdings. I am the first to admit that short term I have the short term performance wrong with all commodity shares falling today. The BOD need to issue some good news soon

Your group to retain your shares until takeover ? When is this expected and from whom? Who are the Middle Eastern investors you refer to ? Finally Stockdale the assets at COP value more than 5 times the current share price , what is your guess on the tale out price ?

This is of course speculation but I don't see any obvious other contenders for the permit. Yes they need the extra customers but I don't see that being a problem. The infrastructure, pipeline etc in place. I guess Onhym will be looking for a min 25% stake.

Good work Robbie. I agree that any legal worries as stated by our friend on here, are nonsense and will Not affect the decision to award the Rharb permit to COP. There should be little or no upfront fee. The legal implications are in respect of the fines against Gulfsands who did not fulfill their part of the contract. A Malcys Blog has indicated the obvious switch top COP earlier this year and when I questioned Mitch about it he seemed very coy on the subject. Watch this space !

Is an asset valued at £29.3m in Gulfsands accounts. That is far higher than the overall value of COP today. I have found Stockbuyers comments on the Gulsands platform and he is obviously against COP potentially picking up some cheap assets. I wonder why, if he and his Group want COP to succeed ?

So you believe that continually talking the company down helps the situation ? You mention your group ? Believe me, major shareholders acting on behalf of their own clients, would sell if they thought that the current management couldn't turn it around. They obviously think that they can. If your Group think different they do not hold enough shares to do anything about it

Keep talking the company down Stockbuyer and please continue to repeat yourself with the same old negative mantra. Do not start being informative. In the meantime I will try and establish facts and inform this forum when I do. I may be the last "bull" standing although I suspect there is a silent majority who think that your are too negative and have an agenda. Why do you think that the major shareholders are all still holding here ?